Clearfield, Inc. manufactures, markets, and sells standard and custom passive connectivity products to the fiber-to-the-premises, enterprises, and original equipment manufacturers markets in the United States and internationally. The company offers FieldSmart, a series of panels, cabinets, wall boxes, and other enclosures. It also provides WaveSmart, which are optical components integrated for signal coupling, splitting, termination, multiplexing, demultiplexing, and attenuation for integration within its fiber management platform; and ODC outdoor active cabinet products. In addition, the company offers FieldShield, a fiber pathway and protection method for reducing the cost of broadband deployment; and YOURx platform that consists of hardened terminals, test access points, and various drop cable options for portions of the access network across various fiber drop cable media. Further, it provides CraftSmart, a line of optical protection field enclosures, including CraftSmart Fiber Protection Pedestals and CraftSmart Fiber Protection Vaults integrated solutions optimized to house FieldSmart products at the last mile access point of the network in above-grade or below-grade installations. Additionally, the company offers fiber and copper assemblies with an industry-standard or customer-specified configuration; and designs and manufactures custom solutions for in-the-box and network connectivity assemblies specific to that customer's product line. It provides its fiber to anywhere platform for various incumbent local exchange carriers, competitive local exchange carriers, and MSO/cable TV companies, as well as the utility/municipality, enterprise, data center, and military markets. The company was formerly known as APA Enterprises, Inc. and changed its name to Clearfield, Inc. in January 2008. Clearfield, Inc. was founded in 1979 and is headquartered in Minneapolis, Minnesota.

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Miscellaneous

Clearfield (NASDAQ:CLFD) Frequently Asked Questions

What is Clearfield's stock symbol?

Clearfield trades on the NASDAQ under the ticker symbol "CLFD."

How will Clearfield's stock buyback program work?

Clearfield declared that its board has authorized a stock repurchase program on Sunday, June 4th 2017, which authorizes the company to repurchase $4,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 1.9% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

How were Clearfield's earnings last quarter?

Clearfield Inc (NASDAQ:CLFD) announced its quarterly earnings data on Thursday, January, 31st. The communications equipment provider reported $0.08 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.05 by $0.03. The communications equipment provider earned $20.09 million during the quarter, compared to analyst estimates of $19.60 million. Clearfield had a return on equity of 7.88% and a net margin of 5.37%. View Clearfield's Earnings History.

When is Clearfield's next earnings date?

What price target have analysts set for CLFD?

1 Wall Street analysts have issued 12 month target prices for Clearfield's shares. Their predictions range from $15.00 to $15.00. On average, they anticipate Clearfield's share price to reach $15.00 in the next year. This suggests a possible upside of 5.7% from the stock's current price. View Analyst Price Targets for Clearfield.

What is the consensus analysts' recommendation for Clearfield?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Clearfield in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Clearfield.

Has Clearfield been receiving favorable news coverage?

News headlines about CLFD stock have trended somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive news coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Clearfield earned a coverage optimism score of 1.0 on InfoTrie's scale. They also assigned press coverage about the communications equipment provider a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the company's share price in the next few days.

Which major investors are selling Clearfield stock?

CLFD stock was sold by a variety of institutional investors in the last quarter, including Thomson Horstmann & Bryant Inc., Two Sigma Advisers LP, Worth Venture Partners LLC, Northern Trust Corp and Bank of New York Mellon Corp. View Insider Buying and Selling for Clearfield.

Which major investors are buying Clearfield stock?

CLFD stock was acquired by a variety of institutional investors in the last quarter, including Geode Capital Management LLC, O Shaughnessy Asset Management LLC, Rhumbline Advisers and BlackRock Inc.. Company insiders that have bought Clearfield stock in the last two years include Roger G Harding and Ronald G Roth. View Insider Buying and Selling for Clearfield.

How do I buy shares of Clearfield?

Shares of CLFD can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Clearfield's stock price today?

One share of CLFD stock can currently be purchased for approximately $14.19.

How big of a company is Clearfield?

Clearfield has a market capitalization of $193.84 million and generates $77.65 million in revenue each year. The communications equipment provider earns $4.27 million in net income (profit) each year or $0.32 on an earnings per share basis. Clearfield employs 225 workers across the globe.

MarketBeat Community Rating for Clearfield (NASDAQ CLFD)

MarketBeat's community ratings are surveys of what our community members think about Clearfield and other stocks. Vote "Outperform" if you believe CLFD will outperform the S&P 500 over the long term. Vote "Underperform" if you believe CLFD will underperform the S&P 500 over the long term. You may vote once every thirty days.